Jobs
US Job Openings Fall to Lowest Level Since 2021, Layoffs Ease
- Employers scaled back hiring in June; fewer workers quit jobs
- Drop in openings was concentrated in goods-producing sectors
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US job openings fell in June to the lowest level since April 2021, suggesting some softening in demand for workers in an otherwise resilient labor market.
The number of available positions eased to 9.6 million in June, the Labor Department’s Job Openings and Labor Turnover Survey showed Tuesday, in line with the median estimate in a Bloomberg survey.